HOUSTON, May 14, 2008 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Andy O'Donnell, Vice President and President, Baker Petrolite, will present at the 2008 UBS Global Oil & Gas Conference in Austin, TX, on Tuesday, May 20, 2008 at 10:25 a.m. eastern time. If you would like to listen to Mr. O'Donnell's presentation during the conference, please log on to the following website: http://investor.shareholder.com/bhi/events.cfm. If you would lik...

HOUSTON, May 8, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Paul Butero, President, INTEQ, will present a luncheon keynote address at the Tristone Capital Energie '08 Conference in Paris, France, on Wednesday, May 14, 2008 at 1:00 p.m. Paris time. Additionally, Gary Flaharty, Director, Investor Relations, will present a company update on Tuesday, May 13 at 11:10 a.m. Paris time If you would like to listen to Mr. Butero's o...

HOUSTON, April 24, 2008 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) chairman, president and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.13 per share of common stock payable May 16, 2008, to holders of record May 5, 2008. Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide oil...

HOUSTON, April 21, 2008 - GeoMechanics International, Inc. (GMI) is pleased to announce the launch of a new service that provides 3D mechanical simulations of the stress field around salt structures. This new service avoids unrealistic assumptions that are generally used for wellbore stability analyses, such as the vertical stress being a principal stress, and thus is capable of providing a far more reliable prediction of safe mud weights than a standard analysis. Recent application of this ser...

HOUSTON, April 7, 2008, 2008 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for March 2008 was 1,054, up 22 from the 1,032 counted in February 2008, and up 60 from the 994 counted in March 2007. The international offshore rig count for March 2008 was 285, up 10 from the 275 counted in February 2008 and up 2 from the 283 counted in March 2007. The US rig count for March 2008 was 1,797, up 32 from the ...

Claremore, Oklahoma, April 1, 2008: Baker Hughes Centrilift has been awarded the contract for six seabed electrical submersible puming (ESP) systems and the associated topsides ESP Management System from FMC Technologies Inc., the prime contractor for the subsea production equipment and pumping systems for Petrobras America's Cascade and Chinook subsea development project in the deepwater Gulf of Mexico. The systems are the first seabed horizontal ESP booster systems planned in the Gulf of Mexi...

HOUSTON, March 17, 2008 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has scheduled a conference call on Tuesday, April 22, 2008 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the first quarter of 2008, ending March 31, 2008. The results are expected to be released on Tuesday, April 22, 2008, before the market opens. To access the call, which is open to the public, pl...

HOUSTON, March 7, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for February 2008 was 1,032, down 21 from the 1,053 counted in January 2008, and up 51 from the 981 counted in February 2007. The international offshore rig count for February 2008 was 275, down 16 from the 291 counted in January 2008 and down 11 from the 286 counted in February 2007. The US rig count for February 2008 wa...

HOUSTON, Feb 07, 2008 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that the international rig count for January 2008 was 1,053, up 17 from the 1,036 counted in December 2007, and up 81 from the 972 counted in January 2007. The international offshore rig count for January 2008 was 291, unchanged from the 291 counted in December 2007 and up 15 from the 276 counted in January 2007. The international rig count for January 2008 reflects a 16 r...

HOUSTON, Jan 30, 2008 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) today announced that net income for the fourth quarter 2007 was $400.5 million or $1.26 per diluted share compared to $326.2 million or $1.02 per diluted share for the fourth quarter 2006 and $389.1 million or $1.22 per diluted share for the third quarter 2007. Net income for the year 2007 was $1,513.9 million or $4.73 per diluted share, compared to $2,419.0 million or $7.27 per diluted share...